90% of Slovaks Eligible for State Aid for Regional Development Projects

90% of Slovaks Eligible for State Aid for Regional Development Projects

The European Commission has approved Slovakia’s outline for granting state aid between the years 2014 and 2020. The new guidelines draw conditions under which member states can grant state aid to businesses for regional development purposes.

In line with these principles, almost 90 percent of the population of Slovakia living in all the regions of the country will remain eligible for such aid varying between 25 percent and 35 percent of their project’s costs.

Katarina Richterova

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